Galantas Gold

2652 days ago

Tom Winnifrith Bearcast: Explaining exactly why Cloudtag is not a bad company it is a FRAUD

Apparently some folks think that Cloudtag (CTAG) is just a bad company not a fraud. I explain to such folks the difference between a fact and an opinion (Latin scholars are aware of this already) and why exactly that makes this company a 100% fraud. Its shares are now just 4.75p to sell but the target remains 0p as it is a fraud. Then it is on to the importance of NEDS and what they are there for ref Advanced Oncotherapy (AVO). Then I move to Ashley House (ASH) and a bit of macroeconomics, to Grand Group (GIPO) and onto Galantas Gold (GAL)

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3123 days ago

Tom Winnifrith Bearcast 13 October - back to swearing at Big Dave, Fatty and all the other scumbags

In today's podcast I look at yesterday's Quindell (QPP) news, Big David Lenigas and his ramping and personal abuse (if he wants a war then I'm up for it), Golden Saint Resources (GSR) and what Roland "Fatty" Cornish should do now, Sefton Resources (SER), Galantas Gold (GAL), Auhua Clean Energy (ACE), long term AIM dog Image Scan Holdings (IGE) and SeaEnergy (SEA)

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3290 days ago

More free booze, food, PR birds and Galanatas Gold, OPG Power & Savannah Resources on offer on May 6

Want to drown your sorrows 24 hours before the General Election? Want to visit the food and drink bank for the investing classes, chat to a couple of fluffy PR birds and hear presentations by three PLCs? It is nothing to do with me as I shall be in Greece but if you are in London?

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4026 days ago

Galantas Gold is Toast Investment Grade

AIM and TSX listed Galantas Gold (GAL) is, I am afraid to say, investment toast. At 1.375p it is capitalised at £3.54 million but calendar 2012 results out today make it clear as clear can be that a target price of 0.01p is generous.

The company is a small scale producer of gold (with a dash of lead and silver thrown in) in Northern Ireland. The reality is that this company would only ever work if it massively ramped up production and if gold prices were much higher.  All figures used in this piece are in Canadian dollars but the currency is kind of irrelevant – red ink looks the same whatever the denomination.

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